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U.S. Warns Of Possible Attacks On Western Oil Workers In Saudi Arabia

The message from the US did not identify the militants or the group they belong to.

Saudi Aramco Nears $10 bn Loan Deal At Tight Pricing – Sources

The cash replaces an existing $4 billion five-year loan due to mature later this year which Aramco uses as a back-up facility.

Saudi Twitter Whistleblower Returns After Account Suspension

The mysterious twitter user, who uses the handle @Mujtahidd, said he wants to expose corruption, injustice and hypocrisy.

Saudi Arabia Recalls Ambassador From Sweden In Diplomatic Row

Saudi Arabia said that the move was prompted by remarks by Swedish Foreign Minister Margot Wallstrom about the Kingdom’s regard for human rights.

Saudi Replaces Housing Minister After King Vows To Address Shortage

Shuwaish al-Duwaihi has been replaced by Essam bin Saeed as minister of state and member of the cabinet.

Saudi Arabia’s Takween Signs $347m Loan For Savola Packaging Buy

Takween in December agreed to buy the packaging unit of the region’s largest food firm Savola Group for SAR910 million.

Saudi’s Riyad Capital Predicts 25% Growth In AUM Over Several Years

The Riyadh-based firm currently manages about $8 billion in assets, largely in equities-related areas.

Iraqi Foreign Minister Dismisses Saudi Worries About Iranian Control

Saudi Arabia, the main regional rival of Shi’ite Iran, fears Tehran’s growing influence in Iraq, whose government is Shi’ite-led.

Sweden To End Defence Agreement With Saudi Arabia

The decision came after Saudi Arabia blocked a speech by Swedish Foreign Minister Margot Wallstrom at a meeting of the Arab League in Cairo.

King Salman Pledges To Maintain Stability, Create Jobs

In his first major public speech, the king vowed to create more private sector jobs and deal with all security challenges.

Human Rights Or Business? Saudi Defence Accord Sparks Storm In Sweden

Analysts say the Swedish government’s change of tack in foreign policy could jeopardise billions of dollars in sales, particularly for defence-related companies

Revealed: Top 10 Salaries In Saudi Arabia

Average salaries in Saudi Arabia rose seven per cent to reach $12,978.3 per month in the Gulf Business 2015 Salary Survey.

Saudi Kayan Names Abanmai As President

Abanmai has previously served in several executive posts at SABIC and its affiliates, a bourse filing said.

Saudi’s Safco Gains Regulatory Nod For $222.2m Bonus Share Issue

Safco will raise its capital from SAR3.33 billion to SAR4.16 billion ($888 million-$1.11 billion), according to a filing on the bourse website.

Oil, Gas Industry May Cancel $1trn Projects On Price Fall -Aramco

Aramco executive said that the $1 trillion figure included projects that might merely be delayed, not just those that could be cancelled outright.

Saudis Block Swedish Minister’s Speech At Arab League

The move comes after Sweden’s foreign minister criticised Saudi Arabia’s decision to punish blogger Raif Badawi.

Saudi Aramco Says Operating 212 Drilling Rigs, No Decision On Increase

Aramco deployed 210 oil and gas rigs in 2014, an exceptionally busy year, company sources had said.

Saudi Builder Khodari Says Rights Issue Proposal To Regulator By End-June

The builder announced it November it planned a SAR500 million rights issue to help expand its business.

Saudi Commerce Ministry Refers MMG Board Members To Investigations Body

Saudi contractor Mohammed Al Mojil Group has not traded on the Saudi bourse since July 2012.

Snapchat Management Holds Talks With Saudi’s Prince Alwaleed

Prince Alwaleed has previously made investments in technology brands including Twitter and Chinese e-commerce firm JD.com.

Saudi Arabia, UAE Among Top Five Defence Importers In 2014 – IHS

The Kingdom overtook India to become the world’s biggest weapons importer in 2014, research company IHS said.

Saudi Arabia Rejects Rights Criticism After Flogging Of Blogger

A statement said the Kingdom’s constitution ensured the protection of human rights because it was based on Islamic Sharia law.

Saudi King Aims For New Sunni Bloc Vs Iran And ISIL

King Salman is trying to reinforce the need for unity in the Arab region and find a way to work around disagreements over the Muslim Brotherhood.

King Salman Banks On Welfare Spending In Gloomy Oil Era

Saudi Arabia recently announced a new round of bonuses for government employees, a direction that experts believe is opposite to what it should be doing in this time of cheap oil.

Saudi King Keeps Close Hand On Oil In Remodelling Strategic Team

King Salman is clearly laying the ground for a generational shift in how Riyadh develops its energy and economic strategies.

Qatar, Saudi, Kuwait Among Top 10 Nations Globally For Luxury Spending

Wealthy individuals in the three GCC nations especially spend on imported luxury goods and premium travel, finds new report.

Mobily Shares Surge On Hopes For Indirect Government Support

The Saudi telecoms operator’s stock had been suspended for a week until Thursday.

Saudi Arabia Expects Oil Price To Stabilise

The minister said that the Kingdom wanted the market to stabilise but said it will not subsidise higher cost producers.

Saudi Shipper Bahri Plans SAR3.9bn, 10-Year Sukuk Issue

The facility will be used to repay debt and for general business purposes.

Saudi Arabia, South Korea Sign MoU On Nuclear Power

The MoU calls for South Korean firms to help build at least two small-to-medium sized nuclear reactors in Saudi.